Commercial Land for sale

20963 Lougheed Highway, Southwest Maple Ridge, Maple Ridge

$16,800,000 or
Commercial Land for sale in Southwest Maple Ridge, Maple Ridge, Maple Ridge, 20963 Lougheed Highway, 224966799 | Realtylink.org
$16,800,000 or

Commercial Land for sale

20963 Lougheed Highway, Southwest Maple Ridge, Maple Ridge

Features

Lifestyle
224966799 16800000 /en/commercial-land~for-sale~southwest-maple-ridge-maple-ridge/224966799?view=Summary /en/commercial-land~for-sale~southwest-maple-ridge-maple-ridge/224966799/photos 49.2179000000 -122.6403200000 true
Lot Size
87,120 sqft
Zoning
CS-3 RECREATIONAL
Permitted Land Use
Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
75

Description

This project is suitable in today's market for market condominium or market rental residential development. British Columbia has a shortage of housing and by 2030, there will be 610,000 units above the usual rate of housing construction, in order to bring housing affordability back. The project is ideally situated on Lougheed Hwy, with 2 acres in size, and in close proximity to Ridge Meadows Hospital. Upon a successful rezoning, this project may add approx. 250 units to Maple Ridge, where attached midrise is much needed. Under 5 storey residential homes account for only 8.6% of homes in Maple Ridge. The project is only 1 km from the Ridge Meadows Hospital, and 1.8 km from the Golden Ears Bridge connecting to Hwy 1. It offers a convenient and likely, a relatively affordable housing location for people working in the area or along Hwy 1.
MLS® Number C8061730

Listing REALTOR®

Dinghao Xu, REALTOR<sup>®</sup>

Dinghao Xu

REALTOR®

CBRE Limited

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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